2008: What Really Happened - Todd Sheets #6200
Understanding the Great Financial Crisis
Kerry Lutz's--Financial Survival Network
Audio is streamed directly from the publisher (api.substack.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Todd Sheets and Kerry Lutz engaged in a discussion about Todd's book, "2008, What Really Happened," which examines the causes of the 2008 financial crisis. Todd challenges the common belief that deregulation was the main factor, emphasizing instead the significant impact of Fannie Mae and Freddie Mac's expansion. He highlights the lack of understanding among both consumers and financial institutions regarding the risks of various mortgage products. Additionally, Todd expresses concern over the current housing affordability crisis and warns of possible stagnation in home values, advising caution for potential homebuyers and those looking to leverage their home equity.
Find Todds book here: 2008: What Really Happened
Find Kerry here: https://financialsurvivalnetwork.com and here: https://inflation.cafe
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe